XAUUSD - 4H Levels - We're still waiting to short
Gold looks like it wants to test the higher levels, bullish daily candles and a reversal pattern in play.
Resistance:
1888
1894
1900
Support:
1868
1860
1854
The 4H chart is showing support at around 1865-70 which price has attempted earlier. Break and close above 1875 and I think we're in for a bit of a squeeze on the sellers.
If it continues to support around 1865-70 we'll test the Long with a target of around 1890-93, we're not waiting for 1900. If we go straight up, based on successful resistance at the mentioned levels we'll look to go Short with a target of 1860-55
Resistance:
1888
1894
1900
Support:
1868
1860
1854
The 4H chart is showing support at around 1865-70 which price has attempted earlier. Break and close above 1875 and I think we're in for a bit of a squeeze on the sellers.
If it continues to support around 1865-70 we'll test the Long with a target of around 1890-93, we're not waiting for 1900. If we go straight up, based on successful resistance at the mentioned levels we'll look to go Short with a target of 1860-55
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.